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The memorial would be treated as a bill and, if approved in the Florida House and Senate, would pressure Congress to help relieve Puerto Rico of its debt. Photo: Flickr.
Local News

Florida’s Puerto Rican Lawmakers Ask Congress to Help Relieve Island’s Debt


Florida’s Puerto Rican state lawmakers are calling on Congress to help Puerto Rico consolidate its more than $72 billion in debt. Under a memorial proposed by 30th district representative Bob Cortes, federal officials would allow the struggling commonwealth island’s municipalities and public utilities to file for Chapter 9 bankruptcy. Current federal law prevents it.
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